With the estimated NPAT, and putting a mining company multiple on the earnings, then the market cap should easily be between $220m and $800m, which means the share price could go to well over a conservative $5!! Sounds crazy, but the numbers don't lie. Not much could upset this you wouldn't think. Any reserve increase or further offtakes to take up the slack, or production savings, then this is going even higher.
- Forums
- ASX - By Stock
- MZI
- Projected profit higher than current market cap
Projected profit higher than current market cap
-
- There are more pages in this discussion • 17 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)